Article
Something Is Rotten In The State Of Yields
Something Is Rotten In The State Of Yields
Submitted by Peter Tchir of Academy Securities
Treasuries, European Sovereign, and even Credit. Something seemed rotten this week, with Thursday’s price action in all 3 of those markets triggering the need to focus on this more. Debt markets underpin the entire global financial system and when things don’t “look,” or “feel,” or “smell” right, it warrants our collective attention. Yes, “feel” or “smell” doesn’t seem compelling as some authoritative answer, but that doesn’t mean it isn’t worth exploring.
For the past few weeks,...
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Summary
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Pimco Sees A 6% 10-Year... Here's Why "Bad Inflation" Caps Yields
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Authored by Lance Roberts via RealInvestmentAdvice.com,
Will interest rates go up to 6%? That's the question on many investors' minds since Pimco's chief investment officer, Dan Ivascyn, told the Financial Times last Friday that a 6% 10-year Treasury yield is "certainly possible." This week's hotter-than-expected September CPI report only added fuel to that argument.
I get it. The 10-year closed at 5.31% on October 5, the highest close since May 2002. It started the year at 4.18%. However, look at what...
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